Each month, Dream Builders Realty shares the most up-to-date information regarding the Central Florida real estate market. These numbers are beneficial to you as a home buyer or seller because they provide insight on what is happening in the local market and can be used as a starting off point in your next big real estate adventure. Our intentions are that you will be more prepared when it does come time to talk with a Realtor®.
We hope our monthly Central Florida real estate market updates (including our February 2015 real estate market update where you can compare the previous month's numbers to this month's numbers) help with your real estate needs when it comes to buying or selling your next home in Central Florida.
In the Orlando region (Orange, Osceola, Seminole and Lake counties) the median sales price rose 6.99 percent since last month, coming in at $172,613 for March 2015. Not only did we see a rise in the median sales price, but the number of new pending homes and closed sales has risen in all four counties as well. The median price is the highest since 2008 and the number of sales has reached its highest point since June 2010, setting March up to be a record breaking month for real estate. There are currently 12,828 active homes on the market in Central Florida for home buyers to choose from.